Breakingviews on Twitter
Search League Tables

Saturday, 25 June 2016

Microsoft shows why tech cash needs a discount

Broken fingers

The software giant may put up $3 bln to fund a leveraged buyout of Dell. The PC maker is cheap and Microsoft’s investment record, including Facebook, isn’t bad. But a Dell financing would divert money that could be returned to shareholders to plug holes and postpone obsolescence.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)